Participating lenders shall maintain books and records setting forth payments received and disbursements made on all authority loans. The participating lender's books and records must be available for examination by the authority or its agent.

Source: 22 SDR 97, effective January 22, 1996 ; 52 SDR 49, effective November 17, 2025 .

General Authority: SDCL 1-16 B-70 .

Law Implemented: SDCL 1-16B-1 (1), 1-16B-57 .

Prior versions effective: 1996-01-22.